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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTResale and rental stock live in this buildingMahaRERA P51800005655

Malad West · Mumbai

Lotus Sky Gardens

Tank Road, Off Shankar Lane, Near La Classic Hotel, Orlem, Malad West · by Lotus Group of Companies

Updated Oct 2026

230
Units
2027
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Lotus Sky Gardens is sold out by the developer.Resale and rental flats in this building are listed below.
See resale & lease in this building →

A first look at Lotus Sky Gardens

Lotus Sky Gardens is a residential project on Tank Road, Off Shankar Lane, Near La Classic Hotel, Orlem, Malad West, Mumbai 400064. It is registered with MahaRERA under P51800005655 (registered 2021-09-09). Lotus Sky Gardens is sold out by the developer — resale flats here are listed from ₹2.25 Cr and rentals from ₹85,000 a month. The project has 230 units across 1 building of up to 44 floors. It offers 2 & 3 BHK homes with carpet areas of 809–1,037 sq ft. MahaRERA proposed possession: Jun 2027, revised to Dec 2022.

Resale and rental stock live in this building.

6 for sale · 3 for rent in this building right now, listed below.

Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
2 BHK763–771 ft²₹2.4 Cr–₹2.42 Cr
3 BHK899–999 ft²₹2.82 Cr–₹3.14 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Property listings in Lotus Sky Gardens

For sale
For rent

Lotus Sky Gardens floor plans

2
Lotus Sky Gardens, Malad West — floor plan 1Lotus Sky Gardens, Malad West — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

Lotus Sky Gardens videos

About Lotus Sky Gardens

Location

The address of Lotus Sky Gardens is Tank Road, Off Shankar Lane, Near La Classic Hotel, Orlem, Malad West, Mumbai 400064, in the Mumbai Suburban district. Across 484 recent resale listings on MPE, homes in Malad West have a median asking rate of ₹33,300 per sq ft, and a 2 BHK typically rents for about ₹65,000 a month.

MahaRERA record

Lotus Sky Gardens is registered with MahaRERA under P51800005655, dated 9 September 2021. The registered promoter is Lotus Logistics And Developers Pvt. Ltd.. The filing lists 1 wing: Lotus Sky Garden with 230 units over 44 floors. According to MahaRERA, the architect on record is Consultants Comnbined and the project escrow account is with HDFC Bank.

Homes and prices

The price list covers 2 BHK of 809 sq ft at ₹2.55 Cr; 2½ BHK of 942 sq ft at ₹2.95 Cr; 3 BHK of 1,037 sq ft at ₹3.25 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹31,300–₹31,500 per sq ft of carpet, 6% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jun 2027, revised to Dec 2022.

Developer track record

Lotus Group of Companies has 27 projects tracked on Mumbai Property Exchange, 17 of them delivered (ready or sold out). Other projects by the same developer include Lotus Celestia, Lotus Ananya, Lotus Sky Plaza.

Buyer demand in Malad West

In the last 90 days, buyers and tenants registered 54 requirements for Malad West with Mumbai Property Exchange, 22 of them to buy and 22 specifically for 2 & 3 BHK homes.

Developer's description ▾
Lotus Sky Gardens is a Ready To Move In Project Developed by the Lotus Group of Companies. It is located at Malad West. Malad West is well-connected to other parts of Mumbai through a network of roads and public transportation. The Malad railway station, located on the Western Line of the Mumbai Suburban Railway, connects the area to South Mumbai and the suburbs. The Western Express Highway, a major arterial road, runs through Malad West, providing easy access to other parts of the city. Close to Malad Railway Station and Western Express Highway. 2 minutes to Link Road and 10 minutes to Kandivali Railway Station. Schools, colleges, healthcare, entertainment, malls etc are in close proximity. It is a 43 storey tower offering 2 and 3 BHK Residences with Decks and Unobstructed Sea and Mountain View. Double Heighted Grand Entrance Lobby, Ample Amount of Luxury & Lifestyle Amenities.

Malad West market

prices, rents & rates

Price vs locality

₹31,392
/sqft · Malad West rate-band mid-point ₹42,500
26% below mid-point

Malad West — resale, rent & yield

Resale
₹33,300/sqft
median · 484 listings
Rent
₹99.2/sqft/mo
2 BHK ~₹65,000/mo
Gross yield
3.6%/yr
rent vs resale value

This project is quoted around ₹31,392/sqft — 6% below resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Property rates in Malad West

Residential · Sale
₹30,000–55,000/sqft
Commercial · Sale
₹30,000–40,000/sqft
2 BHK · Rent
₹55,000–105,000/mo

Upcoming projects & infrastructure in Malad West

take an informed decision

103 MahaRERA projects are due to hand over in Malad West between 2026 and 2030.

103
MahaRERA projects handing over in the next 5 years
in Malad West
₹33,800/sqft
typical asking price
steady this quarter
₹12,700/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Malad West by possession year
7
2026
32
2027
31
2028
23
2029
10
2030
📜 3,171 registered transactions (IGR) on record in Malad West. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Malad West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Malad West, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)
Jun 2027
Possession (revised)
Dec 2022
MahaRERA No.
P51800005655
Data last updated
Oct 2026
Registered
2021-09-09
Escrow Bank
HDFC BANK
Architect
Consultants Comnbined
Total FSI
21,305

Buildings · 1 wing

230 units
Lotus Sky Garden · 44 fl · 230 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

What you pay, and when

an example

This is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.

In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.

Example: 2½ BHK · 942 sq ft at ₹2.95 Cr (the price recorded above).

Due soon after booking~₹2.80 Cr95%, stages already done
Balance till possession~₹14.8 Las the last stages finish
Stamp duty + GST~₹17.7 L + ₹14.8 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ✓ Walls, plaster & flooring75% paid by then
  4. ✓ Sanitary fittings80% paid by then
  5. ✓ Staircases, lift wells & lobbies85% paid by then
  6. ✓ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹2.21 Cr here), released stage by stage, so your own money is about ₹73.8 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.92 L/month (8.5%, 20 years).

Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.

💬 Talk through the numbers with an MPE advisor

Amenities

16
Modern ElevatorsAluminium Sliding WindowsConcealed WiringPOP WallsTempleMeditation HallYoga CentreJogging Track
+8 more ▾
Multi purpose games courtProvision for indoor games24x7 surveillance & fire fighting systemsRain water harvestingPower Back-upCross Ventilated FlatFire Fighting SystemEarthquake Resistance Structure

Connectivity

Railway
10 mins
Airport
15 min
Hospital
20 min
School
15-20 min

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Malad West

4

Flats for Rent in Malad West

4

Commercial for Sale in Malad West

1

Commercial for Lease in Malad West

2

Commercial Projects in Malad West

More by Lotus Group of Companies

MahaRERA projects nearby in Malad West

Frequently Asked Questions

Where is Lotus Sky Gardens located?

Lotus Sky Gardens is on Tank Road, Off Shankar Lane, Near La Classic Hotel, Orlem, Malad West, Mumbai 400064.

What is the price of Lotus Sky Gardens?

Lotus Sky Gardens is sold out by the developer — resale flats here are listed from ₹2.25 Cr and rentals from ₹85,000 a month. These are current asking prices from live listings on MPE.

What configurations and carpet areas does Lotus Sky Gardens offer?

2 BHK – 809 sq ft carpet; 2½ BHK – 942 sq ft carpet; 3 BHK – 1,037 sq ft carpet.

When is possession of Lotus Sky Gardens?

As per MahaRERA, proposed possession is Jun 2027, revised to Dec 2022.

Is Lotus Sky Gardens RERA-registered?

Yes — MahaRERA registration P51800005655, registered 2021-09-09.

How many units does Lotus Sky Gardens have?

MahaRERA records 230 units across 22 buildings, up to 44 floors.

Who is the developer of Lotus Sky Gardens?

Lotus Group of Companies — 27 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Malad West?

103 MahaRERA-registered projects in Malad West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-10-06). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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